Why Fund Managers Are Worth Listening To

Why Fund Managers Are Worth Listening To - at www.moneyweek.com - the best of the international financial media

Let me give it to you straight - your fund manager doesn't have a clue where stocks are headed In fact, I like to use fund managers as a contrary indicator for what to do when it comes to my investments. Why? Because it works.

It's amazing how bad fund managers are at timing the market. Literally, a coin flip would have done a much better job of choosing when to be in the market than all of our fund managers. The coin flip would have won by a wide margin.

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MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.